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Supreme Court - Daily Orders

Jaiprakash Associated Ltd. vs Reserve Bank Of India on 12 October, 2018

Bench: N.V. Ramana, Mohan M. Shantanagoudar

     SLP(C)No.26907/18                                1

     ITEM NO.31                           COURT NO.5                     SECTION XI

                              S U P R E M E C O U R T O F            I N D I A
                                      RECORD OF PROCEEDINGS

     Petition(s) for Special Leave to Appeal (C) No(s).26907/2018

     (Arising out of impugned final judgment and order dated 24-09-2018
     in WC No.31329/2018 passed by the High Court of Judicature at
     Allahabad)

     JAIPRAKASH ASSOCIATED LTD.                                              Petitioner(s)
                                                 VERSUS
     RESERVE BANK OF INDIA & ORS.                                            Respondent(s)

     (FOR ADMISSION and I.R. and IA No.143271/2018-EXEMPTION FROM FILING
     LIST OF DATES)

     Date : 12-10-2018 This petition was called on for hearing today.

     CORAM :
                         HON'BLE MR. JUSTICE N.V. RAMANA
                         HON'BLE MR. JUSTICE MOHAN M. SHANTANAGOUDAR

     For Petitioner(s)             Mr.Ranjit Kumar, Sr.Adv.
                                   Mr.S.B.Upadhyay, Sr.Adv.
                                   Mr.Pawan Upadhyay, Adv.
                                   Mr.Sarvjit Pratap Singh, Adv.
                                   Ms.Anisha Upadhyay, Adv.
                                   Mr.Binod Kr.Behra, Adv.
                                   Ms.Swati Smita Patil, Adv.
                                   Ms.Sharmila Upadhyay, AOR

     For Respondent(s)             Mr.K.K.Venugopal, AG
                                   Mr.Vivek Shetty, Adv.
                                   Ms.Jahan, Adv.
                                   Ms.Charanya, Adv.
                                   Ms.Liz Mathew, AOR
                                   Mr.M.F.Philip, Adv.
                                   Mr.Chandy Oonmen, Adv.

                         UPON hearing the counsel the Court made the following
                                            O R D E R

Having heard Mr.Ranjit Kumar, learned senior counsel appearing on behalf of the petitioner and Mr.K.K.Venugopal, learned Signature Not Verified Digitally signed by SATISH KUMAR YADAV Date: 2018.10.12 17:13:01 IST Attorney General appearing on behalf of the respondents, we are not Reason:

inclined to interfere with the impugned order in exercise of our jurisdiction under Article 136 of the Constitution. SLP(C)No.26907/18 2
However, the petitioner is at liberty to raise all the pleas, available to him, before the National Company Law Tribunal, and the Tribunal is directed to consider the same in accordance with law.
With the aforesaid liberty and direction, the special leave petition stands disposed of.
As a sequel to the above, pending interlocutory application also stands disposed of.
(SATISH KUMAR YADAV)                                       (RAJ RANI NEGI)
     AR-CUM-PS                                           ASSISTANT REGISTRAR